Terms of sale


 

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Terms of sale

Conditions under which a firm proposes to sell its goods or services for cash or credit.



Terms of sale

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European terms

European terms

A foreign exchange quotation that states the foreign currency price of one US dollar.


Improve the terms of trade

Improve the terms of trade

To increase the terms of trade; that is, to increase the relative price of exports compared to imports. Because it represents an increase in what the country gets in return for what it gives up, this is associated with an improvement in the country's welfare, although whether that actually occurs depends on the reason prices changed.


Real terms

Real terms

Same as real. A "wage expressed in real terms" is just the real wage.


Direct terms

Direct terms

The price of a unit of foreign currency in domestic currency terms, such as $.9850/Euro for a US resident. See: Indirect terms.


Terms of trade

Terms of trade

1. The relative price of a country's exports compared to its imports. See improve the terms of trade.* 2. Outside of the economics of international trade, this expression often refers more broadly to the policies, facilities, and other arrangments that characterize the trade between one country or group of countries and another.


Further Suggestions

Credit Terms
subscription terms
Terms of trade effect
Adverse terms of trade
Incoterms
Terms of trade argument
conversion terms
Terms of Delivery
Indirect terms


 
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